Kamino Protocol Rally Fueled by Retail Investors and Whales

Kamino Protocol (KMNO) has been on a tear, surging 24% in value over the past day. The cryptocurrency's market capitalization now stands at $189 million.

Retail investors have driven much of this growth through increased capital inflows, while whales have maintained their interest in KMNO.

The Whale Retail Delta, which tracks the flow between these two investor groups, shows a delta of 0.17, down from a high of 0.66. This indicates that retail participation was significant, but whales still maintained their presence.

One key factor to watch for is when the delta turns negative. In this scenario, retail investors would dominate trades, which may not be good for the price in the near-to-long term, as this group often sells off its assets quicker.